IMPLEMENTATION OF RERA ACT, 2016
30 JUL 2026 6:41PM by PIB DelhiAs per Entry 18 of List- II (State List) of 7th Schedule of Constitution of India, ‘Land’ and ‘Colonization’ are State subjects. However, by deriving powers from Entries 6, 7 & 46 of List-III (Concurrent List) of the Seventh Schedule of the Constitution of India, the Real Estate (Regulation and Development) Act, 2016 [RERA] was enacted by the Parliament to regulate the contractual relationship between homebuyers and promoters.RERA aims to ensure transparency & accountability in the Real Estate Sector, thereby protecting the interests of the homebuyers.RERA mandates the registration of real estate projects with the Regulatory Authority before any advertisement, marketing, booking, or sale and in case of contravention of this provision, the ...









